The death of NBA star and Nike endorser Kobe Bryant in a helicopter crash on Sunday brought expressions of sorrow and remembrance from celebrities, sports stars and sneaker brands. "He was one of the greatest athletes of his generation and has had an immeasurable impact on the world of sport and the community of basketball," Nike said in a statement.
Glass from communities in Northern Virginia that began collecting it separately in drop-off bins has been recycled into new glass by Strategic Materials, local officials said. Residents "have adjusted their glass recycling habits and are filling up our purple cans almost faster than we can empty them," said Fairfax County solid waste management program director John Kellas.
Logistics companies will likely make greater use of internet-connected packaging with sensors, smart labels, smart tags and other features as the technology becomes more affordable, according to a DHL study. Some advanced packaging won't need batteries, "which is useful for returnable packaging applications," writes Edson Perin.
General Motors is converting its Detroit-Hamtramck Assembly plant to make only autonomous and electric vehicles with a $2.2 billion investment. The company will employ 2,200 people at the site.
Under Armour was flying high not long ago with major celebrity athlete endorsers including Stephen Curry and Tom Brady, but the brand's fortunes have waned in recent years amid shifting trends. The brand kept its focus on performance while consumers' attention has increasingly focused on athleisure fashions, NPD Group analyst Matt Powell said.
Chewy founder Ryan Cohen is contemplating his next move for taking on Amazon, after selling his online pet product retailer to PetSmart for $3.35 billion in 2017. It's tougher this time around to find another concept that resonates with consumers as much as pet products do, said Cohen, who looked to his father as well as Amazon founder Jeff Bezos as his inspirations while building Chewy.
Toronto-based Sunrise Records is expanding into the US with the acquisition of music and media retailer For Your Entertainment in a deal valued at about $10 million. The US retailer operates around 200 stores that will continue under the FYE banner.
Boots will roll out beauty halls in 60 more stores this year after introducing the concept in 29 locations last year. The halls replace traditional beauty counters with experiential shopping and discovery areas.
H&M will team with Indian designer Sabyasachi on a ready-to-wear collection set to debut in April. The designer launched his namesake line in 1999 and has since expanded it to include jewellery and accessories that are available in five branded stores.
Reverse logistics operations are set to grow around the world due to government regulations and the rise in e-commerce, writes Jan van der Kaaij of consulting firm Finch and Beak. Companies will need "new business models but also technologies and change processes to make those same business models work within the existing operations," he writes.
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